COMPARE

Background

Year of Incorporation Upto 3 times for intraday 2010
Website tradesmartonline zerodha
Phone 022-42878000 0120-6633205
Exchanges enabled NSE, BSE NSE, BSE, MCX-SX & MCX
Demat (NSDL/CDSL) CDSL CDSL
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 4 Lakhs Rs 2.3 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 5.8 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 10.27 Crores
Profit after Tax FY 14/15 NA NA
Debt FY11/12 Rs 8.7 Lakhs 0
Debt FY12/13 Rs 6 Lakhs 0
Debt FY13/14 Rs 3.05 Crores 0
Debt FY14/15 NA NA
Profit to Equity(%) FY11/12 0.99 152
Profit to Equity(%) FY12/13 2.63 244
Profit to Equity(%) FY13/14 3.54 147
Profit to Equity(%) FY14/15 NA NA
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 25.4 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 64.5 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 111.1 Crores
Balance Sheet Size FY14/15 NA NA
Brokerage

Equity Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Freedom Plan , Pro Plan, ultimate brokerage .
Equity Futures Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Freedom Plan , Pro Plan, ultimate brokerage .
Equity Options Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Freedom Plan , Pro Plan, ultimate brokerage .
Currency Futures Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Freedom Plan , Pro Plan, ultimate brokerage .
Currency Options Choose from Unlimited for Rs 1899/Month or Rs 15/executed order or 0.07% of Turnover Freedom Plan , Pro Plan, ultimate brokerage .
Commodity NA Freedom Plan , Pro Plan, ultimate brokerage .
Account Opening Costs

Trading only Rs 400 Free
Trading & Demat Rs 400 Free
Commodity NA Free
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% of Turnover 0.00325% on Turnover
Futures 0.0024% of Turnover 0.0021% on Contract Turnover
Options 0.0715% of Premium Turnover 0.053% on Premium Turnover
Commodities NA 0.0031% on Contract turnover
AMC charge Rs 300/yr Trading: 0, Demat: Rs 300/year
DP Transaction Charge Rs 15/debit instruction Rs 14 per debit instruction
Offline order placing Charge Rs 20/executed order Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NOW 365 days on Zerodha Pi
End of Day 10 days on NOW 10 years on Zerodha Pi
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5 times for intraday, 0 for delivery Upto 20 times intraday, 0 for Delivery
Equity Futures Upto 2 times for intraday Upto 7 times intraday leverage
Equity Options No Margin Buying no leverage, Shorting upto 7 times leverage intrdaday
Currency Futures Upto 2 times for intraday 2 times intraday leverage
Currency Options No Margin Buying no leverage, Shorting upto 2 times intraday leverage
Commodity NA 2.5 times intraday leverage
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers